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South Korea's central bank governor said on Thursday "excessive" policy interest rate cuts could cause another round of price ...
The central bank’s FX reserves decreased by nearly $20 billion from January through April, even as the Korean won ...
Stablecoins have become a major focus in financial circles, capturing the attention of commercial banks, fintech firms, ...
South Korea remained on the US Treasury Department’s currency-monitoring watchlist updated Thursday, signaling heightened ...
South Korea's Digital Asset Basic Act could pave the way for won-backed stablecoins. Bank of Korea Governor Rhee Chang-yong ...
Lee Chang-yong, governor of the Bank of Korea, noted during a press briefing held after the Monetary Policy Committee on the 29th that "the Korean won stablecoin is a substitute for currency" and ...
The US Treasury Department has told the Bank of Japan to keep hiking interest rates, saying it’s the only way to stop the yen ...
Currency policy has been one of the key topics in bilateral negotiations related to US President Donald Trump's ...
Though Coupang is an excellent company, there is a strong likelihood that macro headwinds will drag on its performance. Read ...
South Korea is actively laying the groundwork for its digital currency future. The Bank of Korea recently proposed the creation of “deposit tokens”—stablecoins backed by the Korean won and ...
Bank of Korea governor is likely to discuss the quick issuance of Won-based stablecoins with the country's commercial bank ...